Autumn 2017 Budget Predictions

Budget balancing the books
Oct
31
Posted 2017 by Chris Davies

Don’t forget to put November 22nd in your diary. It’s the Chancellor’s first official Autumn Budget. If you think that it seems like we have only just had a Budget you would be right. The… Read More

Announcing the Ross Brooke taxapp

Sep
1
Posted 2017 by Chris Davies

We are proud to introduce the new Ross Brooke taxapp! At Ross Brooke, we are committed to providing you with all the information you require, in an easy to understand format. Designed to help you… Read More

Why and how you should move your accounts to the Cloud

Mar
19
Posted 2017 by Chris Davies

Traditionally businesses have kept their accounting records in three general formats; manual records, spreadsheets and desktop systems. Each of these has always been less than adequate but with the advent of cloud computing their weaknesses… Read More

What does making tax digital mean for you?

Making tax digital
Feb
6
Posted 2017 by Chris Davies

Making Tax Digital, or MTD as its commonly known, is the Government’s plan to make the UK the world’s most digitally advanced taxation system. HMRC believe that MTD will help eliminate estimated annual tax losses… Read More

VAT blow to small businesses

2016 Autumn statement VAT flat rate scheme 16.5%
Nov
28
Posted 2016 by Chris Davies

I can recall the introduction of the VAT Flat Rate Scheme in 2002, which was originally fanfared as a simplification measure for small businesses. After such a long time I don’t recall the exact rates… Read More

The case for Making Tax Digital

Making Tax digital
Nov
5
Posted 2016 by Chris Davies

You may have heard us talk a lot about Making Tax Digital (MTD) recently. But why is the Government so keen to press ahead with this project? After all, millions of taxpayers file their tax… Read More

Are you ready for the new dividend tax?

Mar
8
Posted 2016 by admin

Business owners and shareholders need to reassess their position on dividends ahead of changes to the way they are taxed next month. At present there are considerable savings to be made in National Insurance contributions… Read More

Don’t ignore the taxman’s demands

Feb
15
Posted 2016 by admin

Advanced Payment Notices were introduced in 2014 to recover disputed tax and HMRC can issue notices to demand tax that it believes it is owed. Ignoring an APN and hoping it will go away is… Read More

A timely reminder?

Feb
1
Posted 2016 by admin

New data shows that businesses in the UK have already been fined more than £65 million since April last year for failure to submit their accounts on time. The figures released by Companies House show… Read More